Description
BSE announces listing of ₹500 crore debt securities issued by Jio Credit Limited on private placement basis with 7.26% p.a. interest rate and maturity in 2030.
Summary
BSE has listed new debt securities of Jio Credit Limited issued on private placement basis, effective November 20, 2025. The securities consist of 50,000 units with a face value of ₹1,00,000 each (total ₹500 crore), carrying a 7.26% annual interest rate and maturing on November 18, 2030. The securities are rated CRISIL AAA and will trade in dematerialized form only.
Key Points
- Issuer: Jio Credit Limited
- Scrip Code: 977304
- Scrip ID: 726JCL30
- ISIN: INE282H07042
- Quantity: 50,000 units
- Face Value: ₹1,00,000 per unit
- Issue Price: ₹1,00,000 per unit
- Market Lot: 1 unit
- Credit Rating: CRISIL AAA
- Interest Rate: 7.26% per annum
- Interest Payment: Annually (November 18 each year from 2026 to 2030)
- Allotment Date: November 18, 2025
- Redemption Date: November 18, 2030
- Put/Call Option: Not Applicable
- Trading Mode: Dematerialized form only
- Tick Size: 1 paise
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification for privately placed debt securities.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE282H07042
- Members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for detailed information
- For clarifications, members may contact BSE debt department on 22728352/8597/8995/5753/8915
Important Dates
- Allotment Date: November 18, 2025
- Listing Date: November 20, 2025
- First Interest Payment: November 18, 2026
- Subsequent Interest Payments: November 18 annually (2027, 2028, 2029, 2030)
- Maturity/Redemption Date: November 18, 2030
Impact Assessment
Market Impact: Minimal. This is a routine private placement listing of debt securities with no direct impact on secondary equity markets.
Investor Segment: Relevant only to institutional debt investors and high-net-worth individuals given the high face value of ₹1 lakh per unit.
Credit Quality: CRISIL AAA rating indicates highest degree of safety regarding timely servicing of financial obligations, reflecting strong credit profile of Jio Credit Limited.
Liquidity: As a privately placed instrument with high denomination, secondary market liquidity may be limited compared to publicly issued bonds.
Impact Justification
Routine debt securities listing notification for institutional investors with no impact on equity markets or retail investors